PoseiSwap - an amazing Nautilus chain-based trading platform that promotes fast and effective trading

brown36 (30)in #wallet • 2 years ago

What is PoseiSwap?

So what exactly is PoseiSwap? What is the mechanism? This article will help us find out!

PoseiSwap is the first Dex on the Nautilus Chain, built to provide the best trading and liquidity provision experience for users and project developers. Powered by Nautilus Layer3 Chain and zk-Technology, PoseiSwap enables safe and smooth trading with Blazing-Fast Liquidity and complete anonymity.

PoseiSwap was founded in order to address the issues of excessive costs, a lack of privacy, and non-compliance that have challenged other decentralized cryptocurrency exchanges by supporting quick transactions and anonymity on the Web3.

PoseiSwap's distinctive qualities

Fast and Affordable: PoseiSwap runs on Layer 3 blockchain, Nautilus chain, modular total chain deployment which starts with over 2,000 TPS, many times higher than other EVM chains. As Nautilus and PoseiSwap developers take advantage of Nautilus' modular structure to produce an application-specific compiler, that number is anticipated to grow.
Private: PoseiSwap, which will employ the new zk-tech from Nautilus Chain, hopes to allay privacy worries. Traders will be able to swap and make profits without revealing their next move. Anyone who desires extra protection and privacy in their transactions will find this to be a big benefit.
PoseiSwap has an internal team that is responsible for developing assets and modules that are OFAC compliant in order to adhere to regulayions. All users will have access to a secure setting on PoseiSwap where they may conduct business with confidence and without worrying about forthcoming legislation. As licenses and restrictions are implemented in the DeFi sector, this will be crucial.

Tokenomics

The POSE token maintains the governance of this platform

Token allocation

Investors- (3%): 2.5% of this 3% will be distributed over a period of 7 to 30 months, the final 0.5% will be distributed at TGE.
Public Sale-(5%): There will be three levels for public sale of POSE tokens: 0.50% will be unlocked at TGE, 2.50% linear allocation from 7 to 18 months, 2% allocation linearity from 13 to 36 months.
Validator Airdrop-(7%): Zebec Protocol is one of the largest partners and contributors to PoseiSwap. For this reason the project allocates 7% of PoseiSwap’s POSE token supply to Zebec Node NFT holders.
Team-(20%): This portion of POSE tokens will be allocated to the team with a linear payoff period of 7 to 30 months.
Ecosystem-(20%): This part will be used to promote PoseiSwap’s decentralized exchange platform.
Liquidity Mining-(45%): This POSE token will be reserved for liquidity mining incentives as rewards to incentivize more people to bring liquidity to the market.

Use of tokens

The Poseiswap ecosystem allows POSE token holders to vote on DAO proposals.

Conclusion.

PoseiSwap is a decentralized exchange that seeks to expand DeFi’s application beyond Web3 by incorporating blockchain technology into systems used for traditional finance (TradFi). In addition to fungible tokens, NFTs, and other digital assets, it intends to provide trade of tangible assets like stocks, bonds, and real estate on the DEX. For the platform’s scalability in handling a high volume of transactions, The Nautilus Chain is the right blockchain partner, and the impending zk-tech will give traders the anonymity they need to secure their identities. This action demonstrates PoseiSwap’s dedication to broad adoption and to meeting the changing demands of the DeFi industry and blockchain networks.